Edtech startup BrightChamps has raised $63 million in fresh funding, reaching a valuation of nearly $500 million in little over a year.
Premji Invest, the investment office of Wipro Founder Azim Premji, US-based GSV Ventures, Flipkart co-founder Binny Bansal-backed 021 Capital and Singapore-based venture fund Beenext participated in the round.
The live learning platform BrightChamps offers next-generation life skills such as programming, artificial intelligence (AI), design thinking and financial literacy for kids in the six-15 age group.
The startup said it has managed to reach over 10 countries with an outstanding booking run rate.
Currently, over 100,000 registered students are spending more than 6 million minutes of live learning every month on the platform.
The startup plans to utilise the funds to hire across major functions such as product, technology, operations and more.
